Amcor receives ‘AA’ rating from MSCI ESG Research

Packaging giant Amcor has received an ‘AA’ rating from MSCI ESG Research, which ‘underscores its commitment to ESG leadership and […] its progress in advancing more sustainable packaging solutions’, the company said in a statement.

The rating highlights the company’s ongoing efforts to reduce greenhouse gas emissions, increase clean energy procurement, and expand the use of recycled materials into its products.

Amcor noted that circular economy solutions are a core focus of its business, as it seeks to reduce environmental impact and improving recyclability across its global operations.

‘Commitment to responsible packaging’

“We are proud that MSCI continues to recognise Amcor’s commitment to responsible packaging, and we celebrate this achievement,” commented David Clark, chief sustainability officer at Amcor.

“This rating is a testament to our dedication to delivering superior packaging solutions that meet consumer expectations, customer needs and the highest standards of efficiency and safety. Amcor is focused on advancing our sustainability journey and collaborating with our value chain partners to help shape a society where responsible consumption and circularity are the norm.”

MSCI ESG Research evaluates global companies on their exposure to industry-specific ESG risks and their ability to manage these risks relative to other businesses in their respective sectors.

New Malaysia facility

Earlier this month, Amcor announced it had completed construction on a new advanced coating facility for healthcare packaging, located in Selangor, Malaysia. The opening of the facility makes Amcor the first company in Asia to produce both top and bottom substrates for medical device packaging.

“Producing our industry-leading global product platform locally brings us closer to our customers, enhancing supply security and flexibility,” commented Virginie Maes, vice president of global healthcare, Amcor. Read more here and here.